Starwood Hotels & Resorts Worldwide, Inc. has recently announced its market début in the Republic of the Union of Myanmar with the signing of Sheraton® Yangon Hotel, a new build property in the dynamic capital city. Owned by Family Business Group Hotel Limited, the milestone signing builds upon the Sheraton first mover advantage in the region, meets accelerating demand, and brings the brand’s Asia-Pacific portfolio to 73 hotels and 37 resorts. Located in the Tamwe Township, near Kandawgyi Lake, the Sheraton Yangon Hotel will feature 375 sophisticated guest rooms outfitted with signature brand amenities. Other property offerings will include Shine Spa for Sheraton™, three dining venues, and recreation facilities ranging from a swimming pool to a state-of-the-art Sheraton Fitness® centre. With function space totalling 1,880 square metres, Sheraton Yangon Hotel will be an ideal choice for meetings, weddings and functions.
Sheraton Yangon Hotel will open during an exciting period in the country, spurred by a major investment from the Ministry of Hotels and Tourism that has encouraged 4 million international arrivals in 2015 alone. Yangon boasts a number of top tourist attractions, including the iconic Shewedagon Pagoda—the single most important religious site in all of Myanmar—conveniently located 2.8 kilometres from the hotel. As the country’s largest city, Yangon operates as the country’s principal political, cultural, and commercial centre. An easy 20 minutes from the Yangon International Airport, Sheraton Yangon Hotel will help meet the strong demand for quality accommodation for business and leisure travellers alike.
The signing of Sheraton Yangon Hotel follows the announcements of key pipeline hotels for Starwood in the region, including Sheraton Danang Resort, Four Points® by Sheraton Danang in Vietnam, The Westin® Manila Sonata Place in the Philippines, and Four Points® by Sheraton Bali, Kuta in Indonesia. Four Points by Sheraton Bali, Kuta marks our sixth resort in Indonesia with three more properties announced to open in the next two years.